(Corrects period in seventh paragraph to 2023, not 2022) (Reuters) -Homebuilder Bellway on Tuesday warned of operational challenges and slowing demand as mortgage rates climb, leading to flat volumes next year as the housing sector also comes under pre…
BoE to start selling bonds on Nov. 1, but not longer-dated gilts
By Andy Bruce and William Schomberg LONDON (Reuters) -The Bank of England said it would start selling some of its huge stock of British government bonds from Nov. 1 but would not sell this year any longer-duration gilts that have been in the eye of a r…
Marketmind: What if…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever While most financial assets can fall to zero, there usually comes a point where so much bearishness is factored into the price that there’s limited scope for fur…
Oil steady as recession woes counter positive Chinese signals
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices held steady on Monday in choppy trading as fears that high inflation and energy costs could drag the global economy into recession offset China’s continuation of loose monetary policy. Brent crude futu…
Ex Goldman banker claims he was “fired for whistleblowing”
By Kirstin Ridley LONDON (Reuters) – A former London-based Goldman Sachs banker alleges he was unfairly dismissed with a “woeful” lack of proper procedure after whistleblowing on 10 occasions and that he was forced to deal with “vile and bullying langu…
Moscow, Kyiv swap 218 prisoners, including 108 Ukrainian women
KYIV (Reuters) – Moscow and Kyiv on Monday carried out one of the biggest prisoner swaps of the war so far, exchanging a total of 218 detainees, including 108 Ukrainian women, officials from both sides said. Andriy Yermak, head of the Ukrainian preside…
UK PM Truss met with chair of committee in charge of leadership contests – Guardian
LONDON (Reuters) – British Prime Minister Liz Truss met earlier on Monday with lawmaker Graham Brady, who heads up the committee in charge of running Conservative Party leadership contests, The Guardian reported, citing sources from Truss’s office. “Tr…
Credit Suisse starts sale of U.S. asset management arm – Bloomberg News
(Reuters) – Credit Suisse Group AG has recently begun a sale process of its U.S. asset management arm, Bloomberg News reported on Monday, citing people familiar with the matter. The unit, which includes a platform for investing in collateralized loan o…
Time for talks is over, French minister says as petrol crisis drags on
By Tassilo Hummel and Sudip Kar-Gupta PARIS (Reuters) -The time for talking is over, French Finance Minister Bruno Le Maire said on Monday, as the government ordered more fuel depot staff back to work to try to restore petrol supplies, disrupted by str…
Dozens of LNG-laden ships queue off Europe’s coasts unable to unload
By Marwa Rashad and Belén Carreño LONDON/MADRID (Reuters) – Dozens of ships carrying liquefied natural gas (LNG) are circling off the coasts of Spain and other European countries unable to secure slots to unload because plants that convert the seaborne…